Marshall Boya Advances After Winning Turkish Highway Auction

Marshall Boya & Vernik Sanayii AS (MRSHL), a manufacturer of paint and other coatings, gained the most this month after saying it won a 21.1 million lira ($11.6 million) auction from the Turkish highways authority.

The shares jumped as much as 5.7 percent, the most since April 30, to 55.75 liras and traded at 54.75 liras as of 10:08 a.m. in Istanbul.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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